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Mumbai Metropolitan Region

9 posts
MahaRERA

MahaRERA Cracks Down on 11,000 Lapsed Housing Projects

MahaRERA has issued show cause notices to nearly 11,000 lapsed housing projects across Maharashtra, urging developers to submit Occupancy Certificates or seek deadline extensions within 30 days. Non-compliance could result in project suspension, restricted flat sales, and frozen bank accounts.
Devendra Fadnavis says FIR against 5 developers

Real Estate Industry Optimistic About Maharashtra’s Future Under Mahayuti Government

Following the historic victory of the Mahayuti alliance in Maharashtra’s recent elections, the real estate industry is optimistic about the future. CREDAI-MCHI President Domnic Romell shares his hopes for continued growth in the Mumbai Metropolitan Region, focusing on affordable housing, infrastructure development, and streamlined policies that will support the state’s economic progress.

MMRDA Secures Rs. 31,673.79 Crore Loan to Accelerate Major Infrastructure Projects in MMR

The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a substantial loan to fast-track nine key infrastructure projects, including the Thane-Borivali Twin Tunnel Project, aimed at improving connectivity and boosting the region’s economic potential.
Affordable housing

Chennai, Ahmedabad, and Kolkata: Most Affordable Metros for Residential Investments, Reports Magicbricks

Magicbricks’ report highlights Chennai, Ahmedabad, and Kolkata as the most affordable cities for residential investments in 2024, with a Property Price to Income Ratio of 5. In contrast, Mumbai and Delhi are among the least affordable. The report also notes a significant rise in the EMI-to-income ratio, reflecting growing affordability concerns.
MMRDA

MMRDA Seeks Maharashtra Government Guarantee for ₹14,000 Crore Infrastructure Bonds

MMRDA has requested a ₹14,000 crore guarantee from the Maharashtra government to issue infrastructure bonds aimed at funding major urban and transportation projects in Mumbai.
  • admin
  • September 4, 2024
  • 2 minute read